Estimating ARV on foreclosures...?

1 Reply

Welcome to BiggerPockets!! @Carter Wilson That is the issue with foreclosures. You buy as is at the auction and won't have a good idea about the condition of the property before winning the bid and obtaining the title. This is why foreclosures are tricky to navigate and are best left to seasoned investors. Basing off previous sales price and looking for comps is basically all you have.

Good Luck!